Hundreds of Thousands Protest. Government Breaks Up Big Corporations. Big Media AWOL


(00:00) In 2011, hundreds of thousands of Israelis took to the streets and protested the power of big corporations and income inequality. The corporations dispatched their lobbyists to influence Israel’s Congress (the Knesset). Then the amazing story unfolded. The citizens provided cover for the legislators, the Knesset kicked out the lobbyists and unanimously passed legislation last month to break up the big Israeli conglomerates – including the banks. It is viewed as an economic triumph for free enterprise, increased competition, healthier capital markets, and economic development for the people. Israeli businesses supported the measures.

Listen to the history of how Israel began socialist, went too far socialist, went capitalist, and went too far toward oligopolies and monopolies. Now they have the basis for one of the most progressive and pro-free enterprise economies in the western world. This is one of the best stories in radio. Too bad Big Media decided not to cover it.

Guest: Brian Friedman
Learn more at: Israel Investment Advisors

Music Featured:
“The Unforgiven” – Metallica

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About Author

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The Tim Danahey Show started in July, 2010 at internet station Castle Rock Radio. It started as a one-day-per week endeavor and quickly grew to five days per week. The show discusses economics, government, social issues, history, and non-fiction books in a magazine format featuring in-depth conversations with guests. Politics and inflammatory conversations are discouraged as they are divisive and counter-productive. Instead, the show seeks under-reported topics and delves into facts, different perspectives, and ramifications of each perspective.